Week 3 – History of the World Economy up to the end of Bretton Woods

In this session we will explore a brief history of the world economy up to the end of the Bretton Woods system of fixed exchange rates in the early 1970s.

Lecture Prezi

Required Readings

Chapters 3-5 (pp. 43-95) in O’Brien and Williams

Chapter 7 in Ravenhill 

Jeffry Frieden, “The dynamics of international monetary systems: international and domestic factors in the rise, reign and eventual demise of the classical gold standard”, in B. Eichengreen (ed) Gold Standard in Theory and History (London: Routledge, 1997), pp. 207-227 (available as an online resource through the ANU library catalogue).

Recommended Readings

Chapters 2 and 3 of Chang

Barry Eichengreen, “The Bretton Woods system: Paradise lost?”, in B. Eichengreen (ed) Gold Standard in Theory and History (London: Routledge, 1997), pp. 313-328 (available as an online resource through the ANU library catalogue).

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